CajaSur explained

CajaSur
Type:Caja de ahorros
Location:Córdoba, Spain
Industry:Banking
Products:Financial services

CajaSur is a Spanish savings bank, property of Kutxabank. It has offices in Andalusia and Extremadura.

Until 2011, CajaSur was a Spanish savings bank, run by the priests in the Catholic Church,[1] located in Córdoba, Spain. It was seized in May 2010 and defaulted in December 2010.[2] [3] [4]

Notes and References

  1. Web site: The Wednesday Podcast: Tiny Banks, Big Problems : Planet Money : NPR. NPR. 10 January 2011.
  2. News: Another 100 million euro loss found "hidden" in Cajasur accounts. 16 December 2010. The Reader. 10 January 2011. https://web.archive.org/web/20101221092754/http://thereader.es/en/spain-news-stories/5512-another-100-million-euro-loss-found-qhiddenq-in-cajasur-accounts.html. 2010-12-21. dead.
  3. News: FT.com / Companies / Banks - Caja reform comes under scrutiny. Financial Times. 10 January 2011.
  4. News: Regulator Seizes CajaSur, Lender Hurt by Bad Loans (Update1) - BusinessWeek. https://web.archive.org/web/20100527073226/http://www.businessweek.com/news/2010-05-22/regulator-seizes-cajasur-lender-hurt-by-bad-loans-update1-.html. dead. May 27, 2010. 22 May 2010. Bloomberg Businessweek. 10 January 2011.

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